HUSSY TOKEN

INTRODUCTION

A blockchain is a ledger of transactions that are distributed across the participating nodes in a network. It is a decentralized database of the records of every single transaction that has been executed, finalized and divided among the participants of the blockchainsystem. Blockchains run on peer-to-peer (P2P) networks where there is no central server and all the nodes (computers) in the network are responsible for maintaining node integrity . Blockchain technology utilizes cryptography as a means to allow each participating node in the P2P network to update the blockchain without the need for a central authority. Each node maintains a list of the complete blockchain which is updated upon every completed transaction.

ABOUT HUSSY TOKEN

Employees in typical (non-Blockchain) companies are usually paid in regular monthly payments, e.g. 12 times per year. Vesting contracts simplifies this process and allows team members and advisors to be paid in ERC20 tokens in as many payments as they want.

Vesting contract allows to lock any given amount of tokens for any given duration, while only an aliquot part of this total amount is releasable at given time. Token vesting ensures a long-term commitment of people working on a project with more flexibility than common employment contract.

At HUSSY.io, we are using the standard and reliable OpenZeppelin token vesting contract. Source code of this contract is available in the official GitHub repository of the OpenZeppelin project.

Token Vesting schedule of the standard OpenZeppelin Token Vesting Contract.

There are two functions for interaction with the OpenZeppelin TokenVesting smart contract:

• release(ERC20Basic token) — Releases the releasableAmount of tokens to the beneficiary address. This operation can be executed by anyone.
• revoke(ERC20Basic token) — Releases the releasableAmount of tokens to the beneficiary address and the remaining unvested tokens are refunded back to the contract owner. This operation can be executed only by the TokenVesting contract owner.

What is the token vesting factory?

Factory is a software design pattern for creating instances of a class. Using this pattern simplifies creating new vesting contracts and saves transaction costs (“gas”). Instead of deploying a new TokenVesting contract for each team member, we deploy a single instance of TokenVestingFactory that ensures the creation of new token vesting contracts.

 

 

 

TokenVestingFactory creates new instances of TokenVesting contract with given parameters (duration, cliff, start date, end date, beneficiary address). Afterwards we can lock any amount of ERC20 tokens to this contract.

HUSSY HUS Token ICO

HUSSY intends to release the public ICO sale date after the personal sale ends.

Public token sold 50 million HUS

Personal sale 10 million token HUS

Treasury reserves 21 million UAH.

Bounty program of 3 million

a member of Team HUS and an advisor of 13 million HUS

Early adaptation of 3 million HUS

Details from token

Ticker-HUS

Receive - ETH

Model ERC-20

Hard cap 30 000 000 US dollars

Soft cover 3 000 000 US dollars

Tokens provide 100,000 HUS

Tokens for sale 60 000 000 HUS

For more information please visit:
Website: https://hussy.io
Whitepaper: https://hussy.io/app/assets/whitepaper.pdf
Telegram: https://t.me/hussy_io
Twitter: https://twitter.com/hussy_io
Bitcointalk profile link:https://bitcointalk.org/index.php?action=profile;u=1925101
ETH address:0x5B606c2F10687e77dc7Fe644E429320C6a39Df63
DISCLAIMER:This post was brought to you by Opeyemi being my personal project on Hussy campaign project